Oman's non-oil sector's contribution to GDP to grow gradually
- Oman: Wednesday, October 10 - 2012 at 02:33
Oman's central bank has said the contribution of the country's non-oil sector to the GDP is expected to grow gradually, while there will be a gradual decrease in the contribution of the oil sector, Times of Oman has reported. Up to June 2012, the year-on-year credit growth has been 19.4% compared with 12.6% in the same period last year, which indicates steady increase in credit consistent with recovery of the non-oil activities in Oman, he said.
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